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Topic: An Overview of Bitcoin Android Wallet (Read 603 times)

brand new
Activity: 0
Merit: 1
December 27, 2019, 08:52:04 AM
#36
Please have a look at the below wallets also:
  • Jaxx


Any feedback on Jaxx? I checked their Twitter page and it looks not much is going on there ¯\_(ツ)_/¯
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
December 29, 2019, 04:09:53 PM
#35
Never used electrum, but if it locks access to wallet after certain number of incorrect attempts, 6 digit pin is enough.
Locking a wallet doesn't stop at attacker from brute-forcing it. It's open source, he could simply edit the source if there's anything in there that stops him from trying one million times. Or, more likely,. he's just use or create another piece of software that tries one million codes in a few seconds.
hero member
Activity: 2520
Merit: 952
December 28, 2019, 10:35:13 PM
#34
Might want to elaborate what exactly makes it an insecure wallet?
...but a 6-digit pin isn't enough to protect it against brute-forcing anyway.

Never used electrum, but if it locks access to wallet after certain number of incorrect attempts, 6 digit pin is enough.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
December 27, 2019, 07:10:55 AM
#33
People do say that Enjin is like hardware wallet in phone.
That's quite a statement, so I got curious:
Enjin.io doesn't give much information, but shows mostly cool-looking pictures and an instant "Download Now" link and a signup link without saying what it really is. The entire website screams "ICO", and indeed, they raised tens of millions of dollars at the peak of the ICO-hype.
So who are those "People" who "say that Enjin is like hardware wallet in phone"? It's Enin themselves! Please don't post marketing slogans as if it's true.
But wait, they also have Proven Security, including "An extensive independent security audit and penetration test found no security issues". So what does the Report say:
Quote
We did not cover any attacks that assume the Android OS or the hardware/firmware of the platform is compromised.
Now read that again, because that's where I stopped reading the report! In short: If your device is secure, you're good to go. That's nothing like a hardware wallet, which is supposed to protect you from software threats.
member
Activity: 136
Merit: 39
December 27, 2019, 04:38:19 AM
#32
Please have a look at the below wallets also:
  • Copay
  • Enjin
  • Airbitz
  • Jaxx
  • Bitpay

People do say that Enjin is like hardware wallet in phone.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
December 26, 2019, 10:27:49 AM
#31
Might want to elaborate what exactly makes it an insecure wallet?
I read a while back that Mycelium stores the seed unencrypted. On a rooted phone it can easily be accessed.
I'm not sure if they still do this, but a 6-digit pin isn't enough to protect it against brute-forcing anyway.

I use Mycelium, but only for small amounts in case I ever pass a place where I can buy a beer or coffee with Bitcoin. After all, I consider a mobile device to be insecure by default.
legendary
Activity: 1624
Merit: 2481
December 25, 2019, 07:53:32 AM
#30
It’s really not. Just the fact that Mycelium android/iOS app hasn’t been updated on years, it makes it a bad an insecure wallet.

Mycelium (android) has been updated on 23.12.2019. I know that this was 3 days after your post, but the update before that day was the 12.12.2019, roughly 1 week before your post.

Mycelium is neither outdated nor insecure in any way.

Might want to elaborate what exactly makes it an insecure wallet? Any vulnerabilities? Any flaw in their concept?
Anything which actually makes one believe that this wallet is less secure than other open source mobile wallets? I don't see anything indicating this.
legendary
Activity: 2758
Merit: 6830
December 20, 2019, 05:27:11 AM
#29
Well, I'm not pleased with the rating you gave Mycelium wallet, why give it a 5? It's one of the most secured wallet out there. It also have a feature to exchange your coin, though I haven't tried it yet.
You get 3 different addresses upon creating your wallet, the native segwit, nested segwit and the legacy wallet address. Also, you can use hardware wallet on it.
It’s really not. Just the fact that Mycelium android/iOS app hasn’t been updated on years, it makes it a bad an insecure wallet. There are far way better options which are not negligenced by their devs.

Samourai for android, for example.
sr. member
Activity: 1204
Merit: 388
December 20, 2019, 02:50:39 AM
#28
Well, I'm not pleased with the rating you gave Mycelium wallet, why give it a 5? It's one of the most secured wallet out there. It also have a feature to exchange your coin, though I haven't tried it yet.
You get 3 different addresses upon creating your wallet, the native segwit, nested segwit and the legacy wallet address. Also, you can use hardware wallet on it.
sr. member
Activity: 1470
Merit: 359
November 30, 2019, 02:01:15 AM
#27
I stop using electrum when it became a hot issue before where the hackers can crack the code and can hacked funds from the users.
Electrum was vulnerable sometime ago before the 3.3.4, hackers were able to send fake update notification & if someone fall into that trap, they will lose their BTC. I guess it's not much fault from Electrum side, it's your fault that you couldn't use the software perfectly. I guess Electrum is one of the best wallet.

I just wanted to include Coinomi too.
I would include coinomi as well if it was bitcoin only wallet. As far as I know it's a multicrypto wallet.
A thread was created before about electrum that became vulnerable to hackers. I remember that it is important message for the users because their funds are in danger. But now electrum is now safe because they updated their system and I using it now in terms of storing my bitcoins. But it still preferable to use hardware wallet after all.
hero member
Activity: 1358
Merit: 851
November 28, 2019, 08:18:01 AM
#26
I stop using electrum when it became a hot issue before where the hackers can crack the code and can hacked funds from the users.
Electrum was vulnerable sometime ago before the 3.3.4, hackers were able to send fake update notification & if someone fall into that trap, they will lose their BTC. I guess it's not much fault from Electrum side, it's your fault that you couldn't use the software perfectly. I guess Electrum is one of the best wallet.

I just wanted to include Coinomi too.
I would include coinomi as well if it was bitcoin only wallet. As far as I know it's a multicrypto wallet.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
November 28, 2019, 07:50:57 AM
#25
I stop using electrum when it became a hot issue before where the hackers can crack the code and can hacked funds from the users. I use now coinbase and coins.ph where it suitable for me because I can easily access my funds and I can guarantee the safety of my funds there because both of them are both popular and have high security wallet.
You have a big mistake because you are using a custodial wallet, which means that this is not decentralized and you are not own your private key. Electrum is totally safe and also Coinomi because these wallets allow you to keep your own private key and passwords.
Nice share OP but I just wanted to include Coinomi too.
sr. member
Activity: 952
Merit: 274
November 28, 2019, 07:18:16 AM
#24
I stop using electrum when it became a hot issue before where the hackers can crack the code and can hacked funds from the users. I use now coinbase and coins.ph where it suitable for me because I can easily access my funds and I can guarantee the safety of my funds there because both of them are both popular and have high security wallet.
legendary
Activity: 1974
Merit: 1150
November 28, 2019, 06:27:22 AM
#23
I use ImToken as a bitcoin wallet on Android. Supports segwit and usage which is quite easy. But before that I have published a thread about several bitcoin wallets for Mobile/ Android and iOS. Never tried it one at a time, but i am sure some people have already tried it.

Read more: Bitcoin Wallet for Android and iOS Indonesian version.

I've never heard of imtoken 2.0 crypto wallet Shocked
Found its Twitter, looks like this wallet is not very popular...
read more here and find information: https://token.im/

You can try this app imToken and download here for android: https://play.google.com/store/apps/details?id=im.token.app
hero member
Activity: 2254
Merit: 537
My passive income eBook @ tinyurl.com/PIA10
November 25, 2019, 03:18:00 AM
#22
Has anyone tried using the latest version of Electrum for BitPay?

I had to use some old version because the recent one had issues registering with BitPay.
sr. member
Activity: 400
Merit: 268
November 25, 2019, 03:02:56 AM
#21
Personally,I prefer to use two mobile wallets and they are imtoken ana trust wallets.
imtoken 2.0: The reason why I love this wallet is purely sentimental, it's my first ethereum mobile wallet and I came to love that wallet because of it's reliability so when they upgraded to imtoken 2.0, I decided to give a try and I loved it too because it's very convenient, I could use a single wallet to store all my major coins, Bitcoin, ethereum, EOS and more.

Trust Wallet: I tried this wallet on a friend's recommendation as I have to admit that it was love at first use, I love the fact that I could back up every of the wallet there across all chains with just a single back-up phrase.
member
Activity: 100
Merit: 21
November 24, 2019, 01:46:44 PM
#20
why don't you add the android wallet that from blockchain.com?
because until now i still use that wallet to store my bitcoin and i think the app is very easy to use
Blockchain is an online based wallet service. And any web wallet is prone to hacking. I mean it is less secure than wallets like Electrum or like hardware wallets.
legendary
Activity: 1960
Merit: 1026
November 24, 2019, 01:39:24 PM
#19
why don't you add the android wallet that from blockchain.com?
because until now i still use that wallet to store my bitcoin and i think the app is very easy to use
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
November 24, 2019, 01:23:14 PM
#18
Scammer warning!

User Velkro loves stealing money by advertising his scam-signature on Beginners boards where his bad Trust rating is not visible. Don't fall for this, don't click the scam site in his signature!
This is what his account really looks like:
Trust score loading...
legendary
Activity: 2296
Merit: 1014
November 24, 2019, 12:56:37 PM
#17
I'll add my 2 sats to this thread. First: don't risk large amounts on Mobile wallets!

Most important rule when talking about mobile wallets.
Its great someone did guide like this, to rate mobile wallets with their own experience/opinions.
I was missing that, wondering which wallet to choose. Thanks!
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